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by jordan, egypt, lebanon, syria and iraq. but the fledgling country survived. the u.n. passed resolution 194 in december 1948 which allowed ref are geez who wished to live peacefully the right to return home at the earliest practical date. nearly 20 years later in 1967, israel pre 'em tifl struck egyptian forces after the access was blocked to the port. israel gained control over areas including the west bank and gaza strip and east jerusalem. for arabs, this was the beginning of a period of occupation by israel which remains at the center of today's conflict. now, there would be another air rob israeli war in 1973. before that, there's the formation of the plo or the palestinian liberation organization which would be defined by the likes of yasir arafat. in 1978, u.s. president jimmy carter helped to broker the peace accords between saadat of egypt and prime minister ba begin of israel which paved the way for the 1979 peace treaty between those two countries. the lalt '80s saw the formation of hamas in the west bank and gaza erasing hopes. the oslo accords signed -- establishing recogni
. it's an un -- not an unemployment rate or a number of homes purchased. but it is a number. not one we can agree what we're measuring. we told you in the last segment, the consumer confidence index for october was 72.2. the highest in more than four years. it was based on a monthly sauer vase by a nonprofit organization called the conference board. get this. they're not the only ones with a number. according to a survey done by the university of michigan and thompson reuters, the consumer sentiment index is at a five-year high at 82.6 in october, 82.7 in november. whether you want to go with 72.2 or 82.7, you just got to ask out of what? out of 100? 82 what? it doesn't really work like that. it's like celsius and fahrenheit of consumer economics. all quantifying an emotion. really it's about how we as consumers are feeling. what tangible information can we derive from that. back with me making change at walmarts dan slad man. carmen wong and heather mcghee. carmen, what is this consumer index and why is it so important. >> when the index is high, we want to buy. that's what wall street
Search Results 0 to 2 of about 3 (some duplicates have been removed)